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Triple Bottom Line. LEADERSHIP TRAINING WEEKEND. Introduction to TRIPLE BOTTOM LINE. Introduction to Triple Bottom Line. New SIFE Criteria Sustainability Triple Bottom Line Metrics for Sustainability Reporting ‘Triple Bottom Line’ Q & A. Assim Ishaque BA (HONS), AIEMA
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LEADERSHIP TRAINING WEEKEND Introduction to TRIPLE BOTTOM LINE
Introduction to Triple Bottom Line • New SIFE Criteria • Sustainability • Triple Bottom Line • Metrics for Sustainability • Reporting ‘Triple Bottom Line’ • Q & A
Assim IshaqueBA (HONS), AIEMA Expertise: Sustainability Advisory, Energy Management, Renewables
Introduction to Triple Bottom Line • New SIFE Criteria • Sustainability • Triple Bottom Line • Metrics for Sustainability • Reporting ‘Triple Bottom Line’ • Q & A
NEW SIFE CRITERIA Judging Element 1: What are the “relevant, social and environmental factors?” These three factors are in reference to the Triple Bottom Line concept, (i.e. Profits, People, Planet) and are meant to illustrate that for a project or initiative to be truly be effective and sustainable it must make sense economically as well as socially and environmentally.
Introduction to Triple Bottom Line • New SIFE Criteria • Sustainability • Triple Bottom Line • Metrics for Sustainability • Reporting ‘Triple Bottom Line’ • Q & A
Definition of Sustainability The best & most widely used definition “development that meets the needs of the present without compromising the ability of future generations to meet their own needs” • Known as the • Brundtland Definition • 1987 UN World Commission on Environment and Development- the Brundtland Commission. • Chaired by • Gro Harlem Bruntland, former Prime Minister of Norway
= Sustainability with numbers Triple Bottom Line
Triple Bottom Line: headlines • Fair Employment and Pay • Training & Development • Community benefit People • Eco Sensitivity • Carbon reduction • Resource Efficiency Planet • Projects internal profit • Community Financials • ↑ economic potential Profit
Get it Right Get it wrong
Sustainable consumption Fair Pay & conditions Triple Bottom Line : The Model ! Investment for future
Introduction to Triple Bottom Line • New SIFE Criteria • Sustainability • Triple Bottom Line • Metrics for Sustainability • Reporting ‘Triple Bottom Line’ • Q & A
How Sustainable are these Brands?
Metrics for Sustainability Holistic Robust Valuable
Metrics for Sustainability Holistic Company Product Delivery Carbon
Metrics for Sustainability Robust Baseline Data Methodology Evidence Verified
Metrics for Sustainability Valuable Simple Comparative Examples Targeted Transparent Public
Metrics for Sustainability Holistic Robust Valuable Company Project Stakeholders Delivery Simple Comparative Examples Targeted Transparent Public Baseline Data Methodology Evidence Verified Enhancing Environmental credibility Building Brand Value
EnvirUP Eco Metrics Eco Performance Metrics
Eco Scores ! C/1 C/8 D/35 G/100 F/89 F/80
Introduction to Triple Bottom Line • New SIFE Criteria • Sustainability • Triple Bottom Line • Metrics for Sustainability • Reporting ‘Triple Bottom Line’ • Q & A
CO2 Target: Reduce energy in manufacturing by 25% -2012, per tonne of production against 2004 baseline. • Achievement: between 1995-2008, 39% reduction of CO2 from manufacturing per tonne of production. • Water Target: Continue to reduce water use in manufacturing per tonne of production • Achievement: between 1995-2008, 68% reduction of water use in manufacturing per tonne of production. • Packaging Target: Minimise use of PVC across portfolio. • Set target to eliminate PVC from packaging – where viable alternatives exist by 2010.
Introduction to Triple Bottom Line • New SIFE Criteria • Sustainability • Triple Bottom Line • Metrics for Sustainability • Reporting ‘Triple Bottom Line’ • Q & A